🚨 $BTC /USDT – Coiling at Resistance or Prepping for Liftoff? ⚡💣
#Bitcoin ($BTC) is inching upward at $117,605.15 (+0.63%), hugging the upper end of its recent range. With MA convergence and tightening volatility, a major breakout or rejection is on deck!
📊 Market Overview
📍 Current Price: $117,605.15
📈 24h High: $118,869.98
❄️ 24h Low: $116,604.87
📊 Parabolic SAR: $116,925.11 (Support holding close under price)
📉 MACD Momentum:
DIF: 1,321.56 (Momentum slowly increasing)
DEA: 1,176.34
MACD: 290.21 (Weak bullish confirmation)
📈 BTC Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If BTC Holds Above $117,000):
Entry: Above $118,000
Targets: $120,500, $123,000, $126,000
Stop-Loss: $116,000
🔹 Bearish Scenario (If BTC Falls Below $116,000):
Entry: Below $115,800
Targets: $113,500, $111,000, $107,500
Stop-Loss: $118,000
🔍 Should You Hold or Sell?
✅ Price action remains bullish while above MA(25) and MA(99)
✅ MACD shows steady upward trend with low volatility—breakout building
⚠️ Rejection at $119K level could initiate short-term pullback to $113K
💡 Pro Tip:
🚀 Break above $119K with volume may ignite a rally toward $126K+
📉 Flat momentum with low volume = watch for fakeouts before entering
📢 Are you riding this coil-up or waiting for confirmation?
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